Business planning
Business planning is usually conducted when starting a new organization or a new venture, e.g. new product or service. Essentially, a business plan combines marketing, strategic, operational/ management and financial plans. Far more important than the plan document, is the planning process itself.
Income tax:
Income tax is the tax paid on income made by the tax payer. the tax payer will be classified as per the nature and volume of the Income made. It is governed by Income Tax Act 2058.
Value Added Tax is the consumer tax, to be paid by end consumer. It is charged on every level of value addition in the process of business. It is governed by Value Addition Tax Act 2052.